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These days, finding an affordable place to live in the Gold Mine area can be challenging. Home prices in Gold Mine are now at a median cost of $112,788, lower than the Alabama average of $228,911.
The average cost of rent is $463/mo in Gold Mine, primarily driven by the current value of real estate in the Gold Mine area. In Gold Mine, 9.82% of households rent, and 47.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gold Mine is $3,530 per month. Households that rent pay about 13.11% of their income on rent here. Gold Mine’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brilliant, AL: less expensive homes
- Piney Grove, AL: less expensive homes
- Rock City, AL: less expensive homes
- Whitehouse, AL: less expensive homes
- Twin, AL: higher priced homes
- Natural Bridge, AL: less expensive homes
- Boar Tush, AL: less expensive homes
- Lynn, AL: less expensive homes
- Winfield, AL: higher priced homes
- Eldridge, AL: equally priced homes
Cities with Similar Populations
- Ewingville, MD: higher priced homes
- Farmers, IN: higher priced homes
- Farmer, SD: higher priced homes
- Fallon, CA: higher priced homes
- Falcon, MS: less expensive homes
- Fairview Heights, TN: higher priced homes
- Fairford, AL: higher priced homes
- Fairdale, ND: equally priced homes
- Woodrow, AR: less expensive homes
- Factory Hollow, MA: higher priced homes
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